The issue in Israel is most startups choose to sell rather early. The same is true of the EU. I don't have a list but remember companies such as a Skype, Rockst

The issue in Israel is most startups choose to sell rather early. The same is true of the EU. I don't have a list but remember companies such as a Skype, Rockstar and others that were EU (are?). Many just get purchased. This may have more to do with capital finding food than just risk aversion alone.